Coronavirus set to impact Chinese airlines" first quarter profit: Aercap CEO
The chief executive of one of the world's largest aircraft lessors, Aercap , expects the new coronavirus that has emerged from Wuhan, China to impact Chinese airlines' profitability in the first quarter......»»
Dollar Tree forecast misses as tariffs bite; shares slump 17%
Dollar Tree Inc forecast holiday-quarter profit below Wall Street estimates on Tuesday, as the discount retailer fell short in its efforts to counter the impact of the latest U.S. tariffs on Chinese imports, sending its shares down about 17%......»»
Tapestry sees current-quarter profit below estimates on Kate Spade, tariff woes
Tapestry Inc on Tuesday forecast lower-than-expected profit for the current quarter, citing weak demand at its millennial-focused Kate Spade brand and the impact of U.S. tariffs on Chinese imports......»»
Southwest Airlines flags shutdown impact; profit falls 62.6 percent
Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue thus far in January as it reported a 62.6 percent decline in fourth-quarter profit......»»
Southwest Airlines flags government shutdown impact; profit beats
Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue so far in January as it reported a better-than-expected fourth-quarter profit......»»
Goodyear Tire stock jumps after profit, sales beat expectation as COVID-19 impact moderated
Shares of Goodyear Tire & Rubber Co. jumped 3.9% in premarket trading Friday, after the tire seller reported first-quarter profit and sales that beat Wall Street estimates, as the COVID-19 pandemic's impact on industry demand "moderated.....»»
Xerox shares slide 2.9% premarket as profit falls short of estimates
Xerox Holdings Corp. shares slid 2.9% in premarket trade Tuesday, after the company missed profit estimates for the first quarter by a wide margin as the coronavirus pandemic continued to weigh. The co.....»»
Bank of America profit more than doubles on reserve release boost
Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses......»»
W.R. Grace cuts profit outlook after extreme weather led to plant shutdowns
W.R. Grace & Co. lowered its first-quarter profit outlook, citing the impact of the extreme weather that hit Texas and Louisiana in February, which led to fo.....»»
Chinese EV Maker Li Clocks Q4 Profit On Strong Vehicle Sales, Issues Upbeat Q1 Guidance
Li Auto Inc. (NASDAQ: LI) set the ball rolling on the Chinese EV reporting season with strong fourth-quarter results that exceeded expectations. read more.....»»
FHLB Des Moines Reports 2020 Preliminary Unaudited Financial Results and Fourth Quarter Dividend
DES MOINES, Iowa, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Coronavirus Pandemic (COVID-19) The effects of COVID-19 and the response to the virus continue to impact finan.....»»
Chili"s parent Brinker earnings more than halve in pandemic but beat analyst estimates
Brinker International Inc. posted better-than-expected earnings for its fiscal second quarter on Wednesday, despite the continued impact of the coronavirus pandemic on its Chili's and Maggiano's rest.....»»
Procter & Gamble sales surge fuels jump in profit
Cincinnati-based consumer goods giant Procter & Gamble saw a surge in sales amid the continuing coronavirus pandemic, which led to nearly $4 billion in profit in its most recent quarter. Consumer spending fueled by Covid-19 saw P&G (NYSE: PG) re.....»»
Cartier-maker Richemont gloomy about next three years
Cartier maker Richemont reported a 67% fall in annual profit on Friday and said the impact of the coronavirus could last up to three years despite signs of recovery in China. Ciara Lee reports.....»»
Fluidra closes first quarter with solid results despite the impact of COVID-19
• The company increased sales from Q1 2019 by 0.9% to 315.8 million euros and grew its EBITDA 2.9% to 51.4 million euros. • Net profit .....»»
Sony profits tumble despite gaming boost
Japan’s Sony Corp on Wednesday (May 13) reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty related to the coronavirus outbreak. Francis Maguire reports......»»
Aston Martin posts deep quarterly loss as pandemic slams brakes on sales
Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury car maker said production of a crucial sport utility vehicle was on track......»»
Aston Martin posts deep loss as coronavirus outbreak hits sales
Aston Martin posted a first-quarter pretax loss of 119 million pounds ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday......»»
Sony reports 57% drop in fourth-quarter profit, declines to give outlook
Japan's Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty related to the coronavirus outbreak......»»
Honda profits shrink to four-year low, coronavirus clouds outlook
Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current year because of uncertainty about the longer-term impact of the coronavirus on global car demand......»»
Toyota sees 80% profit drop as virus wipes $14 billion off car sales
Toyota Motor Corp said on Tuesday it expects profit to drop by 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»